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Technology Stocks : Cymer (CYMI)

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To: KellyW who wrote (10724)11/29/1997 2:01:00 PM
From: Mr. Aloha  Read Replies (2) of 25960
 
The short story..CYMER makes light bulbs that are used in state of the art..

refrigerators. Oh wait, wrong company, where's my glasses?

CYMER makes a DUV laser that everyone needs to produce .25 micron line width - the next step. They control 80-90% of the laser market.

Business is great but some fear that manufacturing the equiptment that uses the lasers has been more difficult and costly than initially expected. They (analysts etc..) fear that these difficulties (on no part of CYMER) may cause an initial slow down in orders (laser) while they work out these issues.

In the long run, CYMER will prosper, in the next 2-3 Quarters analysts want to see their concerns answered.

CYMER has addressed these concerns and says they're natural and will work through it. They project strong growth in 1998.

Overall, the stock is oversold right now and will most likely trade considerally higher in the future.

Aloha
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